关键词：股权激励 团结人心 不健全 道德风险
Abstract:A unexpected financial crisis came through all over the world, which has a big influence on exporting economic and financial system. So the whole economic was effected. Followed by it, a sharp stock market volatility and a large decline in corporate profits was coming. So, for a lot of listing companies running equity incentive appear many diving options, which lead to losing confidence of the equity incentive for employees directly. Compare with easten developed countries, the equity incentive in our country has not been very sound. The equity incentive in the period of economic properity can motivating the employees, uniting the employees, and retaining the excellent employees. However, the equity incentive in the period of economic declining can not motivating people even make people down. It makes us know that only running the long-term equity incentive can it make the best result come true to promote the profermance of listing companies.
The article shows that equity incentive gives the employees optunities to share the earnings of the company in the condition of the company’s development in the long run. So both of the company’owner and the employees own. However the combine of equity incentive and EVA incentive inhibit the phenomenon of stock price volatility and fabricating false financial statements, which make a good basis for listed companies to improve performance. And we should not only persue the equity incentive,but also make the rules and laws more efficient, make the supervision of the stock market more stronger. Through the continuous exploration and continuous improvement, employees join in making decision, sharing the income of the company, and undertaking the risk to serve for the company in the long run.
Key Words：Equity incentive Uniting the employees Unsound Moral hazard